v3.26.1
FAIR VALUE MEASUREMENT
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENT

13. FAIR VALUE MEASUREMENT

 

The following tables present the fair value hierarchy for those assets measured at fair value on a recurring basis as of December 31, 2024 and 2025, respectively:

 

   As of December 31, 2024 
               Total 
RMB  Level 1   Level 2   Level 3   Fair Value 
Short-term investments (Note 3)       153,910        153,910 
Long-term investments (Note 4)   273,020    51,090        324,110 

 

   As of December 31, 2025 
               Total 
RMB  Level 1   Level 2   Level 3   Fair Value 
Short-term investments (Note 3)   103,352    287,001        390,353 
Long-term investments (Note 4)   161,187    63,217        224,404